GLG News by Agriculture Equipment Experts

The USDA updated their crop estimate for this year's harvest to a silo breaking 13.053 billion bushels of corn. That is 233 million tons and enough corn to increase ethanol production, feed additional chickens and hogs, export more and still increase the carryover from last year. While the crop still...

64.1M acres of soybeans planted in US in 2007, likely creating the second smallest harvest in 8 years. - - - - Average farm prices for soybeans are projected to increase by over $1.00/bu. in the next year. - - - - - Future price movements will be highly volatile, influenced heavily by size of the crop...

With US soybean inventories dropping, will South American farmers have enough economic incentive to increase their planted soybean acreage at the end of the year? The US had a major shift in acreage this year from soybeans to corn. With current use levels and estimated yields from the current crop,...

US Midwest Corn Crop Good to Excellent Condition is Slightly Better Than Five Year Average Ideas Suggest the 2007 corn crop is made. Even at 78% pollinated, there is room for adjustment to final corn production.

Getting big. Getting interesting. Will oil companies find a 1 billion gallon ethanol company worth their while? This is the first really significant consolidation move in the ethanol industry with a price tag of $725 million for 330 million gallons a year of capacity, we see a valuation of $2.20/gallon...

This is important to understand not only for the supermarket industry but for all business.  Understanding how to "expand your pond" even when the the competition is superior in size and strength. A great book to read is "Every Business is a Growth Business"

The cost of corn, is not the significant driver in increases in food prices. Corn represents just $.15-$.26 per pound of meet costs A box of corn flakes contains about $.03 of corn Higher milk prices are not connected to higher corn prices.  

The United State's production subsidy and import tariff needs a sunset date. --- US farmers are not abusing land to produce ethanol feedstocks --- Fertilizer use is up, but that's a good thing --- Do subsidize the installation of E85 pumps in the US --- Cellulosic ethanol is the future, but US can't...

Issues with Lowes and Home Depot is about consistency or lack of.  There are many extremely competent designers however there are not enough of them to create a postive image with the consumers. or to cover the long retail hours.  Additionally the environment in which to make a large...

The USDA's acreage of report has shocked some in the market. It is a further 3% jump from the March corn planting intentions. At the same time, soybean acreage is down 15% from last year's record. There are many winners and losers. Seed and biotech companies are having a great year, with corn...